** J.P. Morgan raises PT on oil and gas producer EOG Resources EOG.N to $142 from $125, maintains "neutral" rating
** New PT represents 14.2% upside to stock's last close
** Brokerage says EOG continues to message confident tone on overall execution patterns
** "We anticipate another hunky-dory print from EOG driven by strong field execution, with our production estimates in line with consensus estimates for the quarter," J.P. Morgan says
** Brokerage sees focus of Q2 print to be on EOG's capital allocation strategy post the Encino acquisition
** 19 of 31 brokerages rate stock "buy" or higher, 12 "hold"; median PT is $140 - data compiled by LSEG
** Up till last close, stock up ~1% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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